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Legal Insights

Educational Articles Written By Members Of The Firm
Ross Pitcoff Law > Legal Insights (Page 2)

Cryptocurrency Risks

Cryptocurrency has been a major asset for a lot of businesses out there, but accepting Cryptocurrency still comes with risks. Among these is the price volatility, which could result in some Cryptocurrencies drastically changing value moments after the transfer. If a Cryptocurrency crashes before a business can convert the coins into dollars, it could result in a loss. In addition, the support infrastructure for Cryptocurrency simply is not in place yet.  For more information or to speak with an attorney today, email: ross@rosspitcofflaw.com or call: (646) 386-0990. We'd be happy to help! ...

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Arbitration Process 101

If you are a company that has a lot of eyes on you, you will want to have a properly drafted arbitration clause in all of your agreements. Why? Because litigation in court can be messy and is entirely public, meaning your lawsuit is accessible online and could even wind up in Google searches. Having a mandatory arbitration (or international arbitration) provision almost ensures that your matter will avoid the public court system and public relations nightmare that could ensue. Your next step will be working with a great law firm to get results in your dispute --Contact Ross Pitcoff Law today...

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Shareholders VS. Stakeholders

Shareholders are also stakeholders in a corporation, but stakeholders are not always shareholders. A shareholder owns part of a public company through shares of stock (and can buy and sell them), while stakeholders have an interest in the performance of a company for reasons other than stock performance or appreciation (they are bound to the company long-term). To speak with a lawyer today, call: (646) 386-0990 or email: ross@rosspitcofflaw.com to set-up a free consultation. ...

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Broker Dealers: Who Are They?

Broker-dealers are in the business of buying and selling securities. This can include stocks, bonds, mutual funds, and certain other investment products on behalf of its' customers (as broker), for its' own account (as dealer) or both. Broker-dealers must register with the securities and exchange commission and be members of the FINRA. These are the regulatory bodies that govern their conduct. To speak with a trusted, experienced business lawyer call: (646) 386-0990 or email: ross@rosspitcofflaw.com to set-up a free consultation. ...

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Business Contract Tips

In the event of a dispute, it may be advantageous to include a provision that requires the parties enter either mediation or arbitration, or both. Mediation is a voluntary process where both parties try to work out their issues directly, with the help of a neutral third party mediator. Any settlement must be approved by both parties. Arbitration is a more adversarial process where the arbitrator hears both sides' arguments and then makes a decision that both parties must abide by. It is akin to a trail setting, but the arbitration process is much quicker and cheaper than litigating in court. To speak...

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Business Law Done Right

Our Corporate Business Law Firm is thriving. We work with: limited liability companies, partnerships, and single member corporations in order to provide consulting services, negotiate, draft and review contractual agreements, oversee complex business transactions, and ensure business operations are conducted properly from the day the operating agreement is executed to the day the closing is consummated. To speak with a trusted, experienced business lawyer call: (646) 386-0990 or email: ross@rosspitcofflaw.com to set-up a free consultation. ...

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Business Cryptocurrency Benefits

An Initial Coin Offering (ICO) is when start-ups raise money by creating their own digital tokens/coins that will be spent to use for the company's current and future services. The company sells a limited number of their newly minted Cryptocurrency to investors in exchange for established Cryptocurrency like Bitcoin or Ether. To speak with an attorney: email: ross@rosspitcofflaw.com or call: (646) 386-0990. ...

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BEWARE OF: Fake ICO Scams

One of the best results from the Cryptocurrency boom has been the rise of the initial coin offering as a way for companies to raise capital. With thousands of new Blockchain-based companies entering the market with unique ideas and exciting projects, users can now back their favorite businesses easily. However, this massive explosion of ICO opportunities has inevitably raised the specter of fraud. That is when having a great lawyer or law firm comes in handy. To speak with an attorney today: email: ross@rosspitcofflaw.com or call: (646) 386-0990. ...

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Liquidated Damages and Liquidated Damage Provisions

Liquidated Damages are settled in advance by the contracting parties. If a contract contains a Liquidated Damage Provision, the amount of damages in case of a breach is specified or a method for determining damages is laid out. The benefit of such a provision is the ability to control risk exposure that is inherent in business law. To speak with a business lawyer today: email: ross@rosspitcofflaw.com or call: (646) 386-0990 to set-up a free consultation. ...

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